Pocket Entertainment said it surpassed a $500 million annualized revenue run rate, with growth driven primarily by Pocket FM, its AI audio drama platform. The company said the figure rose 70% year over year, while earlier reporting had described a doubling from about $250 million to $500 million. Pocket FM’s revenue retention increased to 76% from 44%, and listeners spend an average of 155 minutes per day on the platform, with 51% of weekly active users engaging daily. The platform now reaches more than 250 million listeners across over 20 countries, supports more than 550,000 creators and produces over 2.6 million annualized hours of content. Its catalog exceeds 770,000 titles across eight categories, including 96 titles that have generated more than $1 million each and 13 that have surpassed $10 million. Pocket FM has expanded into the U.K., Germany and France, launched user-generated content in the U.S. and partnered with Disney Publishing APAC on 36 Marvel audio series episodes for Hindi-language audiences. Pocket Entertainment is also developing Pocket Saga, an AI microdrama platform, while exploring further formats and licensing opportunities. The company has reported adjusted profitability and positive cash flow, is discussing potential fundraising, and has said it does not plan to go public within the next 24 months.